LOWES COMPANIES INC
No SEC Form 4 filings for $LOW in the last 30 days.
Freddie Mac said the average U.S. 30-year fixed mortgage rate rose to 6.51% from 6.36% last week, the highest in nearly nine months, raising homebuyer borrowing costs. The rate remains below 6.86% a year ago, as higher oil prices and long-term bond yields lifted rates. Separately, unemployment claims fell to 209,000.
BNN Bloomberg interview with Michael Dehal of Dehal Investment Partners says U.S. growth and Q1 earnings rose on AI infrastructure spending, with Q1 earnings up 26% year over year. He warns inflation may re-accelerate as oil and food prices rise amid Middle East tensions, while higher-for-longer yields (10-year ~4.70%) and a narrow tech-led rally could raise volatility risk. For Canada, he expects solid bank earnings but says loan-loss provisions and guidance will drive shares.
Memorial Day 2026 falls on Monday, May 25. According to the article, most major banks (JPMorgan Chase, Bank of America, Wells Fargo, Citibank, PNC, U.S. Bank) are closed, but ATMs and online/mobile banking remain available. USPS is closed, FedEx/UPS run limited operations, schools and colleges are closed, and NYSE/Nasdaq and bond markets are closed.
